The tall buildings centre left are Tencent’s headquarters in Shenzhen, China. Picture: BLOOMBERG/QILAI SHEN
The Hang Seng index, in which Tencent’s weighting is about 10%, was up 0.9%. In Japan, the Nikkei 225 index was up 0.8%, while equity markets in Korea, Singapore and Australia also rose. The JSE closed flat on Tuesday after adding 1.2% to close at above 57,000 points on Monday. Sentiment has been boosted by a national ratings reprieve from Moody’s.
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